Calculating the value of human capital and minimum wage | Poland | Ukraine |
Monthly living costs, k | PLN 1004.0 | UAH 2197.0 |
Years of capitalization | 18 | 18 |
Human capital value, H(p) = K(p) | PLN 485,655.0 | UAH 1,062,647.0 |
Annual remuneration, W(p) = H(p) × 0.08 | PLN 38,852.4 | UAH 85,012.0 |
Remuneration per hour, W(p)/12/176 | PLN 18.40 | UAH 40.2 |
Legal minimum wage per houra | PLN 17.82 | UAH 29.2 |
Percentage of compliance | 97% | 73% |
Settlement of income in the family | ||
Family (2 adults + 2 children) | 2 + 2 | 2 + 2 |
Income (2 adults) | PLN 6475.4 | UAH 14,150.4 |
Pension contributions 20% | PLN 1295.1 | UAH 2830.1 |
Health insurance 10% | PLN 647.5 | UAH 1415.0 |
Total amount remaining in the family | PLN 4532.8 | UAH 9905.3 |
Amount per person | PLN 1133.2 | UAH 2476.3 |